US CAPE and q chart. Downloads are available here. S&P 500q ValueCAPE Value30th June 20234345.3781.09%84.60%30th September 20234,328.1874.99%83.87%31st December 20234769.8392.85%91.87% The q data are updated to 30th September 2023 and for CAPE to 30th June 2023....
World Economics • Vol. 24 • No. 2 • April–June 2023 Key Points The consensus model (CM) holds that there is only one equilibrium that needs to be maintained for economic stability. This follows, as a matter of logical necessity, from the model’s fundamental...
Economic Management in a multiple Equilibria Economy Pakistan Institute of Development Economics (PIDE) hosted a webinar on the topic withSpeaker: Andrew Smithers, Founder Smithers & Co, Author. Moderator: Dr. nadeem Ul Haque (Vice Chancellor – PIDE)...
From Andrew Smithers, London W8Published in the FT 14 June, 2023 Martin Wolf is correct when he writes that “reforming the failing pensions system is a priority” for the UK (Opinion, June 12). The essential change is to the economic theory used. To achieve the full...
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